Replies to This Discussion

landownerPermalink Reply by king john on October 9, 2009 at 5:19

thanks adam. i appreciate your insight.
kj

landownerPermalink Reply by adubu on October 8, 2009 at 11:23

John Schmid---what survey are your minerals in???

landownerPermalink Reply by DJG on October 8, 2009 at 12:42

Significantly stronger than the offer we currently have for unleased minerals in Shelby Co.

Permalink Reply by Winter Kiptyn on July 23, 2009 at 16:16

I have to agree with the others. Try to get us much money as you can from the royalty. If you have the money hire a attorney or a good landman to negotiate the lease for you. Be sure to read all the contract and the clauses. They tend to make royalty owners pay for alot of expenses. We signed 2 leases in April for 500.00 per net acre for 3 yr lease from Devon Energy. Contact is Jeff Jones in San Augustine, TX 936-288-0559. Also Calbot Oil Company out of Houston is paying 250 per net acre but I think you can go for 500 or 600 per net acre. They low balled us at 250.00 for 3 yr lease..I would not go that low. Read the contract. I woudl try to negotiate the expenses..Hope this helps you out...We are on the Angie James Lime and it is producing well. Also on the Rusk School Land too and some more on other surveys. I think that hiring a landman or attorney you can get more per net acre. Thats just my opinion. Also once you sign and eventually get your divisional orders, make sure you take them to an attorney. Read everything before you sign. Otherwise you might think your leasing but really selling your mineral rights.

Permalink Reply by RBH on September 27, 2009 at 5:18

I noticed in Nac lots of leases where they are leasing ONLY to base of Cotton Valley, ie not the Bossier/Haynesville. Is Cabot leasing ALL depth? Did Devon lease all depths from YOU?

landownerPermalink Reply by intrepid on July 23, 2009 at 17:07

There are a couple of RSL surveys in Shelby Co. Which one/s are you in?

Permalink Reply by Jimmy on August 6, 2009 at 11:01

Yeah, here we go again. Does everybody realize why this website is here? It is because of the magnitude of the shale. With that in mind, dont allow these companies to take advantage of the economy and slap you with a low offer. Do not let people rob you of your assets, they are yours so dont give them away.
Our family has seen the complete contrast with their offers: from 300 per acre to over 5000 per acre on the same tract! Remember, commision is the salesman's game and jets are the corporate taxi. Dont settle for a new couch while sending these companies to Tahiti for a meeting to talk about your gas wells.

Permalink Reply by RBH on September 27, 2009 at 5:24

From Texas State Comptroller
Entity Information: OPG ENERGY, LLC
1309 RIDGEFIELD LOOP
ROUND ROCK, TX 78665-1185

Status: IN GOOD STANDING NOT FOR DISSOLUTION OR WITHDRAWAL through December 7, 2009
Registered Agent: MARK S MILLER
1309 RIDGEFIELD LOOP
ROUND ROCK, TX 78665
Registered Agent Resignation Date:
State of Formation:
File Number: 0801026457
SOS Registration Date: September 8, 2008
Taxpayer Number: 32037893164
MEMBER CONLEN R JONES
909 CHAMPIONS DR.
LUFKIN , TX 75901

MEMBER MARK S MILLER
1309 RIDGEFIELD LOOP
ROUND ROCK , TX 78665
google:
Mark S Miller
2207 Waterway Bnd · Austin
(512) 251-6743


Is OPG a land broker for the the operator/driller or are they taking leases and then flipping them to big guys promoted

Permalink Reply by RBH on September 27, 2009 at 5:26

also, 2 websites where you can see lease stuff and download for Shelby:
www.countyrecords.com
www.texasfile.com

Permalink Reply by Rodney Anderson on October 8, 2009 at 2:11

Anyone have any info on mineral leasing east of fellowship community around Toledo Bend. I just got an offer of $500 an acre and 20% royalty with $750 for extension.

landownerPermalink Reply by Lorissa Gail on October 8, 2009 at 2:59

In the Sabine Parish site I noticed a post that Toledo Bend area leasing going for $3000 per acre 1/5 royalty. I wonder why La. acreage is worth so much more than Texas side of Toledo Bend?

landownerPermalink Reply by Jim Carroll on October 8, 2009 at 5:53

Good question, I've often wondered the same thing.

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